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English word:    

waive

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waive in WordNet English dictionary

verb
  1. do without or cease to hold or adhere to
    "We are dispensing with formalities"; "relinquish the old ideas"
    waive  relinquish  forgo  forego  foreswear  dispense with 
  2. lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime
    "you've forfeited your right to name your successor"; "forfeited property"
    forfeit  give up  throw overboard  waive  forgo  forego 
WordNet Lexical Database v3.0, © 2006 Princeton University